Schedule of goodwill by reporting unit |
The following table presents the changes in goodwill for the year ended December 31, 2024 and the six months ended June 30, 2025: | | | | | | | | | | | | | For the year ended December 31, 2024 | | For the six months ended June 30, 2025 | Opening balance | $ | 1,683,782 | | | $ | 1,669,769 | | Goodwill relating to acquisitions consummated during the period | — | | 111,925 | | Effect of exchange rate fluctuations | (14,013) | | 12,209 | | Closing balance | $ | 1,669,769 | | | $ | 1,793,903 | |
The following table presents the changes in goodwill by reporting unit for the year ended December 31, 2024:
| | | | | | | | | | | | | | | | | | | | | | | | | Financial Services | | Consumer and Healthcare | | High Tech and Manufacturing | | Total | Opening balance | $ | 408,674 | | | $ | 592,780 | | | $ | 682,328 | | | $ | 1,683,782 | | Effect of exchange rate fluctuations | (3,677) | | | (4,983) | | | (5,353) | | | (14,013) | | Closing balance | $ | 404,997 | | | $ | 587,797 | | | $ | 676,975 | | | $ | 1,669,769 | |
The following table presents the changes in goodwill by reporting unit for the six months ended June 30, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | Financial Services | | Consumer and Healthcare | | High Tech and Manufacturing | | Total | Opening balance | $ | 404,997 | | | $ | 587,797 | | | $ | 676,975 | | | $ | 1,669,769 | | Goodwill relating to acquisitions consummated during the period | 6,132 | | | 88,519 | | | 17,274 | | | 111,925 | | Effect of exchange rate fluctuations | 3,488 | | | 4,463 | | | 4,258 | | | 12,209 | | Closing balance | $ | 414,617 | | | $ | 680,779 | | | $ | 698,507 | | | $ | 1,793,903 | |
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Summary of intangible assets |
The Company’s intangible assets are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of December 31, 2024 | | As of June 30, 2025 | | Gross carrying amount | | Accumulated amortization & Impairment | | Net | | Gross carrying amount | | Accumulated amortization & Impairment | | Net | Customer-related intangible assets | $ | 468,500 | | | $ | 451,285 | | | $ | 17,215 | | | $ | 524,352 | | | $ | 461,877 | | | $ | 62,475 | | Marketing-related intangible assets | 97,607 | | 93,609 | | 3,998 | | 103,898 | | 96,396 | | 7,502 | Technology-related intangible assets | 131,853 | | 126,116 | | 5,737 | | 133,904 | | 126,446 | | 7,458 | | $ | 697,960 | | | $ | 671,010 | | | $ | 26,950 | | | $ | 762,154 | | | $ | 684,719 | | | $ | 77,435 | |
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